Singapore is investing millions of dollars in a medical cannabis research program that will explore treatments for a range of diseases, including those related to metabolism, reproduction and the age-related diseases Alzheimer’s and Parkinson’s. [include_post...
Matt Lamers
Matt Lamers's Latest Posts
Nunavut may open door to private-sector recreational marijuana sales
The Nunavut government might carve out space for private sector recreational cannabis sales, but probably not until 2019. Dan Carlson, assistant deputy minister of finance, told CBC News that a private retail system would be regulated by the Nunavut Liquor Commission....
Nova Scotia to sell recreational marijuana at only nine locations
Recreational cannabis in Nova Scotia will be sold at nine government-owned liquor stores pending Canada's nationwide legalization this summer. The retail plan overlooks two major population areas, however. The southern part of the province and Annapolis Valley, which...
5 Tips for Global Growth
Canadian marijuana executives share advice on how to position your medical cannabis company for overseas markets By Matt Lamers Opportunity beckons overseas for medical marijuana producers. The global MMJ market could be worth more than $140 billion over the next 15...
Labeling error spurs Canada’s Aphria to recall medical cannabis
A licensed producer of medical marijuana in Ontario has recalled a small amount of dried marijuana due to a labeling error. Leamington, Ontario-based Aphria issued the voluntary recall for two lots of dried marijuana sold in 10-gram bottles produced between Jan. 19...
Deloitte estimates windfall for Quebec from proposed cannabis facility
A massive marijuana production operation on the drawing board in Quebec could yield enormous financial benefits for the province if it’s fully built out, according to a preliminary economic assessment by accounting firm Deloitte. According to a news release,...
Colombia’s medical cannabis industry poised for ‘bellwether year’ on world stage
Colombia’s medical marijuana industry is continuing to develop rapidly, and industry experts predict the country’s producers will be ready to compete on the global stage by the end of this year.
Two Canadian cannabis producers each raise CA$70 million
Canada's licensed marijuana producers continue to raise capital at a record clip to fund overseas expansion plans and boost domestic production capacity ahead of legalization this summer. It took only 10 days for the country’s cannabis industry to reach nearly 1...
Canadian producers no longer must store cannabis in bank-like vaults
Health Canada has introduced new security measures that could save early stage cultivation applicants hundreds of thousands of dollars and improve operational efficiencies for current producers, according to analysts. Effective immediately, marijuana producers will no...
Aphria to buy Nuuvera for CA$826 million, plans to ‘dominate’ international marijuana market
Mergers and acquisitions in Canada’s marijuana sector are showing no signs of letting up.
The latest deal brings together one of the largest and lowest-cost medical marijuana producers in Canada and a company with an extensive international footprint.
US cannabis firm MedMen to go public in Canada to ‘add jet fuel’ to growth plan
Count California-based MedMen as the latest U.S. marijuana company looking to Canada to raise money.
Canada’s illicit marijuana industry bigger than domestic beer market
Canada's black-market marijuana cultivation industry is larger than the country's entire domestic brewing industry, according to a federal government agency, underscoring the importance that cannabis plays in Canada’s overall economy even before legalization this...












